This course is designed to teach practitioners the basics of community property. It covers what community property is and how to report it, and then discuss how our modern-day concept of filing statuses was shaped by community property law a century ago.

Learning Objectives
  • Identify the states that use community property law.
  • Explore and understand which items of income are considered community property and which are considered separate property.
  • Discover and understand how some taxpayers may get relief from community property requirements.
  • Identify and understand Form 8958, the reporting form used for reporting community property.
  • Recognize and understand how community property laws directly led to Congress creating the modern-day concept of filing statuses.
Last updated/reviewed: March 10, 2024
8 Reviews (42 ratings)

Reviews

5
Anonymous Author
Basic course but covered most of the information while also giving a great history of the issues that led to the different filing categories.
5
Member's Profile
Nice course covering a wide range of scenarios. Wasn’t expecting to like the history portion but found it incredibly fascinating.
5
Anonymous Author
I got a a good foundational understanding of community property taxation. I like the instructor's presentation style.
5
Anonymous Author
Community property stated have complicated rules. This couse gave a very good synopsis.
5
Anonymous Author
Informative - helpful while dealing with my client who is in the middle of a divorce.
4
Anonymous Author
I enjoyed this course and would recommend it to anyone who prepares tax returns.
5
Anonymous Author
Great overview with enough detail to lay the ground work on community property.
5
Anonymous Author
great course...I enjoyed the tax history provided by the instructor
Prerequisites
Course Complexity: Basic
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to courses@illumeo.com.
Instructor for this course
  Course Overview CPE
Course Syllabus
INTRODUCTION AND OVERVIEW
  Community Property Taxation Part 1- Agenda1:00
  What is Community Property10:03
  Community Property Taxation Part 2 - Various Income Types5:28
  Community Property Taxation Part 2 - Credit and Taxes2:08
  Community Property Taxation Part 2 - Miscellaneous and Form 89585:58
  Community Property Taxation Part3- A Brief History of Marriage in Tax code17:28
  Community Property Taxation Part3- A Brief History of Marriage in Tax code cont'd12:08
CONTINUOUS PLAY
  Community Property Taxation54:13
SUPPORTING MATERIAL
  Slides: Community Property TaxationPDF
  Community Property Taxation Glossary/ IndexPDF
REVIEW AND TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam